http://www.informationbible.com/profile-55/hardeep Get more info on Loans and credit card at * http://www.informationbible.com/article-banks-positive-on-credit-card-business-142954.html Thu, 08 Dec 2011 13:00:00 GMT After a gap of 3 years, banks are once again planning to aggressively expand their credit card portfolios in India. Foreign and private sector banks have announced a slew of initiatives and are exploring inorganic opportunities to ramp up their card businesses. http://www.informationbible.com/article-save-your-money-control-your-expenses-138071.html Fri, 25 Nov 2011 13:00:00 GMT The art of expenditure is all about receiving the right value for every rupee spent and making suitable decisions on the mode of dealings - cash, cheque, credit card or equated monthly installments (EMIs) - that will help us meet all expenses needs with ease and soothe. http://www.informationbible.com/article-further-hikes-in-interest-rates-ahead-45635.html Thu, 17 Mar 2011 13:00:00 GMT There may be no respite in the immediate future considering that oil price hikes may be passed on over the next few months depending on the schedule of State Assembly elections. http://www.informationbible.com/article-insurance-consider-your-options-carefully-29893.html Mon, 13 Dec 2010 13:00:00 GMT Choosing the insurance policy best-suited to one's needs and requirements is a difficult task. According to the Insurance Regulatory and Development Authority (IRDA), http://www.informationbible.com/article-standard-chartered-bank-now-in-america-29898.html Mon, 13 Dec 2010 13:00:00 GMT Standard Chartered Bank in America: Several reputable international banks have a branch located in Singapore, such as BNP Paribas, Common Chartered, Bank of India, JP Morgan Chase, Citibank, HSBC, and Bank of America. Singapore’s local banks http://www.informationbible.com/article-cibil-gives-info-on-a-borrowers-credit-record-29716.html Sat, 11 Dec 2010 13:00:00 GMT The Credit Information Bureau (Cibil) is owned by banks and other lending institutions in India. It is a repository of information, containing the credit history of commercial and consumer borrowers. http://www.informationbible.com/article-heavyweight-that-lost-rs-46000-cr-mkt-cap-in-1-month-29682.html Sat, 11 Dec 2010 13:00:00 GMT State Bank of India (SBI) was down 4.33% or Rs 121.60 to end at Rs 2,686.20. It touched an intraday high of Rs 2,820 and an intraday low of Rs 2,667.65. http://www.informationbible.com/article-home-loan-down-payments-29592.html Fri, 10 Dec 2010 13:00:00 GMT The Reserve Bank of India (RBI) this month announced a few regulations to tame banks’ unconstrained housing loan policies. This includes a regulatory ceiling on the loan-to-value (LTV) ratio of home loans and a hike in the risk http://www.informationbible.com/article-why-using-a-credit-card-makes-sense-29439.html Thu, 09 Dec 2010 13:00:00 GMT No credit cards, please — we are young and credit-averse. It seems, a small bunch of youngsters will do anything to resist a credit card being pushed into their wallet. http://www.informationbible.com/article-mastercard-visa-earnings-rotate-plastic-into-cash-29385.html Thu, 09 Dec 2010 13:00:00 GMT Transaction processors Visa Inc and MasterCard Inc are both huge, predictable cash generators that are ready to return more money to shareholders by buying back shares. Yet the world's two largest debit and credit card http://www.informationbible.com/article-lic-housing-fin-raises-rs-750-cr-from-bond-sale-29407.html Thu, 09 Dec 2010 13:00:00 GMT LIC Housing Finance, the home loan arm of India’s largest insurer, sold Rs 750 crore ($168 million) of 9.4 per cent bonds due in 2012, according to data compiled by Bloomberg. http://www.informationbible.com/article-free-sms-of-470-characters-without-ads-29447.html Thu, 09 Dec 2010 13:00:00 GMT There are a plethora of new technologies coming every day. Not only there is advancement in technology but also in the ways to communicate. http://www.informationbible.com/article-finance-pro-m-anandan-turn-entrepreneur-after-retirement-29175.html Wed, 08 Dec 2010 13:00:00 GMT For a high-ranking finance professional, after retirement, the safest choice is to become an independent director or play an advisory role. But not so for M Anandan, a veteran in financial services with over 30 years of multi-functional experience. http://www.informationbible.com/article-do-nationalized-banks-offer-personal-loans-29211.html Wed, 08 Dec 2010 13:00:00 GMT No, not all nationalized banks offer personal loans. With the exception of State Bank of India (SBI), no other nationalized bank offers personal loan. However, you must be aware that all private banks do offer personal http://www.informationbible.com/article-hyundai-ties-up-with-allahabad-bank-for-vehicle-loans-29268.html Wed, 08 Dec 2010 13:00:00 GMT Hyundai Motor signed a Memorandum of Understanding (MoU) with Allahabad Bank to provide finance options to its customers. http://www.informationbible.com/article-sbi-and-icici-other-banks-hike-deposit-rates-29054.html Tue, 07 Dec 2010 13:00:00 GMT SBI, the country’s largest lender, did so by 100 to 150 basis points, across maturities. ICICI, the largest private sector lender, did so by 50 basis points. http://www.informationbible.com/article-home-loan-emis-go-up-for-old-customers-29065.html Tue, 07 Dec 2010 13:00:00 GMT EMIs or Equated monthly installments on Home loans for customers linked to the old benchmark prime lending rate (BPLR) have gone up after two of the largest private banks - HDFC and ICICI Bank - increased their rates last week. http://www.informationbible.com/article-ready-for-the-next-leap-28861.html Mon, 06 Dec 2010 13:00:00 GMT A new generation of technology entrepreneurs is trying to build the software product ecosystem. Will they succeed where bigwigs have failed? http://www.informationbible.com/article-rbi-disclose-all-fees-in-application-form-28878.html Mon, 06 Dec 2010 13:00:00 GMT The Reserve Bank of India (RBI) has once again advised banks and financial institutions to ensure that all information relating to charges or fees for processing of loans should be disclosed in the loan application forms. http://www.informationbible.com/article-rejig-of-sbi-top-management-in-works-28656.html Sat, 04 Dec 2010 13:00:00 GMT The State Bank of India, the country's largest bank, is set to get a new-look top management with the government starting the process to find a replacement to Om Prakash Bhatt, who is due to retire as chairman in March. In addition, http://www.informationbible.com/article-hdfc-bank-in-expansion-mood-28706.html Sat, 04 Dec 2010 13:00:00 GMT The HDFC Bank, one of India’s premier banks, today inaugurated an Automatic Teller Machine (ATM), fourth in this week, at Hazratbal, here taking its total teller network in the Valley to 18 and 25 in JandK. http://www.informationbible.com/article-alternatives-of-a-personal-loan-28558.html Fri, 03 Dec 2010 13:00:00 GMT A personal loan talks about your urgent need to get money, but did you know that there might be better alternatives of getting funds at far cheaper rates, and perhaps on better terms. Let's discuss what these are: http://www.informationbible.com/article-easy-loans-new-launches-extra-up-nov-auto-sales-28567.html Fri, 03 Dec 2010 13:00:00 GMT Riding on the back of a resurgent economy and easier way in to funds, auto sales in November remained firm, keeping in line with record numbers seen in recent months. Almost all the country’s car companies posted strong sales figures for the past http://www.informationbible.com/article-personal-loans-can-get-harder-to-come-by-28372.html Thu, 02 Dec 2010 13:00:00 GMT More banks seem to be using the funds it is borrowing from its fellow banks than deposit money, which indicates that less personal loan are being distributed by banks and financial institutions. http://www.informationbible.com/article-utilize-gold-or-jewellery-to-get-easy-loans-28317.html Thu, 02 Dec 2010 13:00:00 GMT Gold prices have been on a roll. In fact, gold prices touched an all time high of Rs 21,000 per 10 grams. Of course, this means gold in its various forms has become more and more expensive over the past few years. http://www.informationbible.com/article-banks-want-extra-checks-on-loans-to-real-estate-sector-28106.html Wed, 01 Dec 2010 13:00:00 GMT The ongoing bribes-for-corporate loans scam being probed by the Central Bureau of Investigation (CBI) and other agencies could lead to banks revamping their internal processes while giving loans to the real estate sector. http://www.informationbible.com/article-how-to-protect-your-credit-card-from-frauds-and-misuse-28180.html Wed, 01 Dec 2010 13:00:00 GMT There is no doubt that while using a credit card you need to be extra careful. If stolen or misplaced, people can use the card to make purchases in person on online. http://www.informationbible.com/article-a-number-to-shut-out-pesky-calls-27977.html Tue, 30 Nov 2010 13:00:00 GMT While the Telecom Regulatory Authority of India (TRAI) has devised this method to prevent intrusive marketing tactics, it is not known what steps it intends to take to stop unsolicited marketing SMSs. http://www.informationbible.com/article-corporation-bank-withdraw-teaser-loan-scheme-from-dec-1-27832.html Mon, 29 Nov 2010 13:00:00 GMT Corporation Bank first to blink, to withdraw home loan teaser scheme from Dec 1. Even as Corporation Bank has decided to be the first one to withdraw teaser loan schemes, others led by http://www.informationbible.com/article-home-loan-teaser-rates-are-they-good-27841.html Mon, 29 Nov 2010 13:00:00 GMT Teaser rates are not good if you are not aware of the implications of these rates. These rates can mislead the customers as the low interest rate is only applicable in the first year. http://www.informationbible.com/article-cbi-uncover-home-loan-scam-27200.html Thu, 25 Nov 2010 13:00:00 GMT It is clearly a season of scams in India. Starting from Commonwealth Games, the issue keeps moving from one potboiler to other. A friend of mine terms all these as Organised crime which I believe is a right term. http://www.informationbible.com/article-lic-housing-finance-hikes-interest-rates-27223.html Thu, 25 Nov 2010 13:00:00 GMT LIC Housing Finance has increased interest rates in some of its schemes and created a separate slab for loans above Rs 75 lakh post the tightening in home loan lending norms. http://www.informationbible.com/article-personal-loan-vs-debt-council-27328.html Thu, 25 Nov 2010 13:00:00 GMT The tool many people use to help them get out of their poor credit situation is to apply for easily obtainable blacklisted loans. How does it happen that so many people are blacklisted? http://www.informationbible.com/article-buyers-of-101-bmw-cars-talk-to-dealer-sbi-for-a-good-deal-27072.html Wed, 24 Nov 2010 13:00:00 GMT Together, 101 residents of the tourism centre of Aurangabad in this state who’d mass-booked a BMW (Bayerische Motoren Werke GmbH) car each, are jointly negotiating with SBI (State Bank of India) to get a 7-year car loan at a 7 % rate of interest. http://www.informationbible.com/article-career-in-banking-26788.html Tue, 23 Nov 2010 13:00:00 GMT Banking industry has emerged as one of the most challenging sectors in the country. Emergence of technology-driven private banks and entry of financial institutions into short-term lending business has created the requirement of more professionals. http://www.informationbible.com/article-tax-trouble-for-aggressive-investors-26844.html Tue, 23 Nov 2010 13:00:00 GMT And, he was not disappointed. A day before Diwali, the CIL stock listed at Rs 287, and Sharma gained 17 % or Rs 8,358. Although there will be a tax of Rs 1,253.7 (15 % on short-term capital gains) when he files his income-tax returns, he would sti http://www.informationbible.com/article-sbi-may-price-eurobond-issue-this-week-26856.html Tue, 23 Nov 2010 13:00:00 GMT We have a significant number of European customers looking for financing in euro currency. A banker said besides loan demand, the end of the calendar year also sees several bilateral loans coming up for repayment. http://www.informationbible.com/article-check-your-eligibility-for-personal-loan-26691.html Mon, 22 Nov 2010 13:00:00 GMT Personal loans are useful while you are in a mark and need some urgent cash. However, personal loans are complicated and you require knowing as much as possible about their basics before apply personal loan. http://www.informationbible.com/article-electronic-flow-is-a-religion-maruti-suzuki-26335.html Fri, 19 Nov 2010 13:00:00 GMT At the Rs 30,000-crore Maruti Suzuki, India's largest carmaker, E. Nagare or 'electronic flow' is a religion. Simply put, this electronic flow is actually the sequence of production http://www.informationbible.com/article-the-home-loan-ensnare-26260.html Fri, 19 Nov 2010 13:00:00 GMT The ongoing controversy over the so-called “teaser” loans in the home loan segment has many dimensions. The term ‘teaser loan' is derived from the practice, adopted by some leading banks, of charging attractive, customer friendly, http://www.informationbible.com/article-lic-should-not-invest-in-new-businesses-from-reserves-26305.html Fri, 19 Nov 2010 13:00:00 GMT A parliamentary panel has asked the finance ministry not to amend the legislation governing Life Insurance Corp. of India (LIC) in any way that would allow the insurer to invest its reserves in new businesses, warning such a move http://www.informationbible.com/article-pm-adviser-wants-teaser-loan-guideline-26067.html Thu, 18 Nov 2010 13:00:00 GMT There is bad news for the teaser home loan club. The latest person to sound an alarm bell on these products is none other than prime minister’s chief economic advisor Kaushik Basu. http://www.informationbible.com/article-default-swaps-improving-faster-for-sbi-than-brics-26096.html Thu, 18 Nov 2010 13:00:00 GMT The risk of default by State Bank of India is falling more than similar BRIC nation benchmarks as the company, a proxy for the government in the global bond market, sells debt in Europe for the first time in five years. http://www.informationbible.com/article-canara-bank-to-open-105-branches-and-105-atms-on-nov-19-26123.html Thu, 18 Nov 2010 13:00:00 GMT The public sector Canara Bank would launch 105 branches and ATMs each, across the country on November 19, its founder's day, to commemorate the bank's 105th year of service to the nation. http://www.informationbible.com/article-higher-costs-cloud-realty-firms-25941.html Wed, 17 Nov 2010 13:00:00 GMT While higher land prices and raw material costs could put profitability of companies under pressure, a steep rise in borrowing costs is likely to hurt demand. http://www.informationbible.com/article-tips-for-get-a-low-rate-personal-loans-25945.html Wed, 17 Nov 2010 13:00:00 GMT Personal loans are handy when you are in a spot and need some urgent cash. However, personal loan are tricky and you need to know as much as possible about their basics before applying for one. http://www.informationbible.com/article-use-your-credit-card-to-the-best-possible-25966.html Wed, 17 Nov 2010 13:00:00 GMT However the scenario in terms of utilising credit cards seems to have changed in India compared to yesteryears. In recent times credit card usage has seen a significant decline compared to its rapid growth especially between 2005-2008. http://www.informationbible.com/article-sbi-cards-going-for-rotate-wants-cap-infusion-25791.html Tue, 16 Nov 2010 13:00:00 GMT SBI Cards, the credit card business of the largest lender of the country, State Bank of India in partnership with GE Capital has registered for turnaround and is in need for capital infusion from SBI and GE Capital. http://www.informationbible.com/article-lic-policyholders-to-be-unmoved-by-rs-14000-cr-loss-25806.html Tue, 16 Nov 2010 13:00:00 GMT The insurance major plans to bridge the notional loss of Rs 14,000 crore from the surplus of other plans. http://www.informationbible.com/article-personal-loans-and-rates-unsecured-loans-for-populace-with-bad-credit-25608.html Mon, 15 Nov 2010 13:00:00 GMT The recession has placed many Americans in difficult financial situations. Personal loans are making a comeback, according to data collected by the American Banker. http://www.informationbible.com/article-step-in-your-dream-home-with-easy-home-loans-25289.html Fri, 12 Nov 2010 13:00:00 GMT Home hunters are in a spot. While real estate prices are not showing any signs of easing (in fact, they have started hardening again), the Reserve bank of India (RBI) has chosen to tighten a few norms for home loans, adding to borrowers’ woes. http://www.informationbible.com/article-teaser-home-loan-still-a-cost-effective-product-sbi-25292.html Fri, 12 Nov 2010 13:00:00 GMT The country's largest bank, State Bank of India is still positive about the ‘teaser' home loan products despite the Reserve Bank of India's norms on additional provisioning for such products. http://www.informationbible.com/article-differentiate-good-from-bad-loans-to-settle-debt-free-25041.html Thu, 11 Nov 2010 13:00:00 GMT It is general facts that any borrow may result in a debt trap. But this is not always true. http://www.informationbible.com/article-sbi-plans-to-raise-2-bn-dollar-look-at-retail-lending-overseas-25053.html Thu, 11 Nov 2010 13:00:00 GMT The country’s largest lender, State Bank of India (SBI), is set to raise $2 billion, including 500 million euros from overseas market, in tranches by the end of this financial year. http://www.informationbible.com/article-rbi-to-lift-rates-by-75-bps-in-2011-deutsche-25058.html Thu, 11 Nov 2010 13:00:00 GMT The central bank is likely to resume its rate tightening cycle in January and raise key interest rates by another 75 basis points in 2011, Deutsche Bank said in a note this week. http://www.informationbible.com/article-decision-on-teaser-rates-has-to-be-combined-hdfc-25047.html Thu, 11 Nov 2010 13:00:00 GMT HDFC Chairman Deepak Parekh said all lenders should withdraw teaser loan schemes or else the one who withdraws will lose business. http://www.informationbible.com/article-yatracom-forges-strategic-partnership-with-hdfc-bank-24856.html Wed, 10 Nov 2010 13:00:00 GMT Online travel company today announced entering into a strategic alliance with HDFC Bank, one of India`s premier banks, to provide exclusive benefits to HDFC Bank customers. http://www.informationbible.com/article-housing-finance-cos-told-not-to-impose-loan-pre-payment-charges-24848.html Wed, 10 Nov 2010 13:00:00 GMT Borrowers from housing finance companies such as HDFC, LIC Housing Finance and Dewan Housing may not have to pay pre-payment charges if they make the payments out of their own source of funds. http://www.informationbible.com/article-tata-nano-in-exchange-for-a-two-wheeler-24696.html Tue, 09 Nov 2010 13:00:00 GMT Tata Motors has launched a new offer to boost sales of its ultra-cheap car Tata Nano. Now two-wheeler owners can walk into any Tata Motors showroom to exchange their two-wheeler for a car. http://www.informationbible.com/article-rbi-sets-its-face-against-pre-payment-penalty-24682.html Tue, 09 Nov 2010 13:00:00 GMT Banks are losing their battle for penalty on home loan pre-payments as the Reserve Bank of India sees no case for such a levy given that lenders don’t play a fair game with borrowers. http://www.informationbible.com/article-revival-of-business-start-up-loans-in-india-24533.html Mon, 08 Nov 2010 13:00:00 GMT The loans market in India has seen an absolute change and the future look quite vivid. The emergence of banking and financial institutions has just reduced the gap between "needs" and "fulfillment". http://www.informationbible.com/article-firstsource-solutions-likely-to-perform-well-on-new-deals-24546.html Mon, 08 Nov 2010 13:00:00 GMT Firstsource Solutions (FSL), a pure-play business proc-ess outsourcing company, offers a range of customised BPO services across the segments, including healthcare, telecom, media and bank-ing and financial services industries. http://www.informationbible.com/article-sbi-to-grow-its-credit-card-business-24541.html Mon, 08 Nov 2010 13:00:00 GMT The State Bank of India has said it is back to growing its credit card business after shrinking its card base by 16% and turning around the business. The bank is now targetting the http://www.informationbible.com/article-rbi-change-rules-for-new-home-loans-24074.html Wed, 03 Nov 2010 13:00:00 GMT The Reserve Bank of India has tightened home loan norms by asking banks not to lend more than 80 per cent of the value of the house to borrowers. This means that new borrowers will http://www.informationbible.com/article-bankers-regulation-out-immediate-hike-in-rates-24090.html Wed, 03 Nov 2010 13:00:00 GMT Although the Reserve Bank of India (RBI) has hiked key policy rates by 25 basis points, corporate borrowers need not worry about higher interest rates on loans, at least in the near term. http://www.informationbible.com/article-rbi-statistics-shows-decline-in-credit-flow-to-agriculture-23900.html Tue, 02 Nov 2010 13:00:00 GMT There has been a major pick up in credit flow to industry, services and personal loan segments during the current financial year. However, credit flow to agriculture has declined more, data released by the RBI as part http://www.informationbible.com/article-deutsche-observe-in-talks-to-sell-cards-biz-in-india-23877.html Tue, 02 Nov 2010 13:00:00 GMT Deutsche Bank is in talks with at least four other banks and financial services companies, including Yes Bank and IndusInd Bank, to sell its credit cards portfolio in India, three people familiar with the development said, on condition of anonymity. http://www.informationbible.com/article-sbi-to-increase-its-credit-card-business-23830.html Tue, 02 Nov 2010 13:00:00 GMT The State Bank of India has said it is back to growing its credit card business after shrinking its card base by 16% and turning around the business. http://www.informationbible.com/article-get-higher-returns-from-debt-options-23743.html Mon, 01 Nov 2010 13:00:00 GMT Everyone tries to save a percentage of the earnings for future needs. These savings need to be protected from inflation. Hence, there arises a need for investments. http://www.informationbible.com/article-tips-for-best-car-loans-in-india-23749.html Mon, 01 Nov 2010 13:00:00 GMT But for a car loan, things are not that simple. What if you wanted a model that the manufacturer was trying to push? The interest rate, in such a case, could go down even to the 6 per cent range or lower. So, things can get significantly complicated. http://www.informationbible.com/article-railways-to-come-out-with-smart-cards-23375.html Fri, 29 Oct 2010 13:00:00 GMT Quickly, passengers will not need to buy ticket every time for travelling. Instead of ticket, one can purchase a rechargeable smart card that can be swapped to board a train. http://www.informationbible.com/article-superlative-personal-advance-rate-in-india-23429.html Fri, 29 Oct 2010 13:00:00 GMT There are a few cases where the borrower might need a personal loan for reasons which do not fall into the above mentioned categories. These needs might differ from additional expenses like shopping during festivals to medical to educational http://www.informationbible.com/article-citigroup-beats-hsbc-as-biggest-arranger-of-bond-sales-from-india-23226.html Thu, 28 Oct 2010 13:00:00 GMT Citigroup Inc has overtaken HSBC Holdings as the leading arranger of overseas bond sales from India for the first time as companies tap record demand for debt from Asia’s second-fastest growing economy. http://www.informationbible.com/article-nbfcs-too-lift-interest-rates-to-attract-depositors-23283.html Thu, 28 Oct 2010 13:00:00 GMT With most banks increasing deposit rates, non-banking finance companies (NBFCs), including housing finance companies and non-banking non finance companies, are being forced to fork out higher interest rates on deposits to woo savers. http://www.informationbible.com/article-retail-finance-disbursement-to-touch-rs-4-lac-crore-by-2011-12-23088.html Wed, 27 Oct 2010 13:00:00 GMT The retail finance market in India has regained its lost sheen as loan disbursements in this space is likely to see a 29 per cent annual growth and is expected to touch a whopping Rs 4.2 lakh crore by 2011-12. http://www.informationbible.com/article-dhfl-winning-back-shareholder-faith-23043.html Wed, 27 Oct 2010 13:00:00 GMT The stock of Dewan Housing Finance Corporation (DHFL) shot up by 4.9% on Monday to its 52-week high of Rs 326. The company seems to have regained investors’ confidence following its robust performance in the September 2010 quarter. http://www.informationbible.com/article-hdfc-bank-fall-over-icici-in-credit-cards-with-5m-base-22858.html Tue, 26 Oct 2010 13:00:00 GMT With a base of 5 million cards, HDFC Bank is now an undisputed leader in credit cards space having displaced ICICI Bank, which has pared its credit card base from a high of 8.5 million to four million cards at present. http://www.informationbible.com/article-gruh-finance-to-diminish-faith-on-banks-for-funds-22665.html Mon, 25 Oct 2010 13:00:00 GMT HDFC home loan subsidiary Gruh Finance plans to reduce its dependence on bank borrowings to check rising interest costs, a top company official said. http://www.informationbible.com/article-their-reign-continues-22677.html Mon, 25 Oct 2010 13:00:00 GMT State Bank of India (SBI) group is all about size — assets of Rs 14,50,143 crore at end-March 2010. Of course, the group’s asset size can be attributed to legacy, and history — nine associate banks. But there is more to the group. http://www.informationbible.com/article-festival-season-right-time-to-get-loans-22729.html Mon, 25 Oct 2010 13:00:00 GMT India is a county of festivals and the spirit of each festival is so high that it makes everyone part of it by dropping across pious lines. But festivals are not just restricted to fun and celebration, during these times the market turn buoyant. http://www.informationbible.com/article-retail-investors-craze-for-coal-india-ipo-pie-worries-experts-22500.html Sat, 23 Oct 2010 13:00:00 GMT Record subscriptions for the Coal India initial public offer (IPO) from retail investors have made people, from finance minister Pranab Mukherjee to company chairman Partha Bhattacharyya, h http://www.informationbible.com/article-opt-for-dual-rates-home-loans-22401.html Fri, 22 Oct 2010 13:00:00 GMT With the festive season on, both builders and banks are busy launching special deals and home loan packages for potential buyers. http://www.informationbible.com/article-sbi-hikes-the-base-rates-22418.html Fri, 22 Oct 2010 13:00:00 GMT The State Bank of India (SBI), the major lender in the nation, publicized an increase in its loan rates. http://www.informationbible.com/article-dont-go-out-of-order-with-wedding-expenses-22210.html Thu, 21 Oct 2010 13:00:00 GMT All About Wedding Expenses - Get to Know more About Wedding Expenses In India, weddings are seldom a simple affair. Try as you might, the list of must-do’s often overrides the voices of reason. http://www.informationbible.com/article-teaser-home-loans-in-india-22209.html Thu, 21 Oct 2010 13:00:00 GMT When there is too much liquidity in the market, some of it has to be taken off. Teaser Home loans do just that. A Teaser Home Loan is a kind of business finance that is given by the lending market to the borrowing market, http://www.informationbible.com/article-sbi-up-lending-rate-by-10-bps-22054.html Wed, 20 Oct 2010 13:00:00 GMT State Bank of India (SBI) increased base rate or the minimum lending rate for the new borrower by 10 basis points to 7.6 %, a move that would make all kinds of advances, including corporate loans, costlier. http://www.informationbible.com/article-credit-card-which-satisfy-your-all-requires-21684.html Mon, 18 Oct 2010 13:00:00 GMT A credit card helps the user to purchase the goods and services without the risk of carry the money with them. http://www.informationbible.com/article-sbi-expected-to-up-base-rates-21534.html Sat, 16 Oct 2010 13:00:00 GMT In what could affect home and car loan buyers, SBI said it plans to hike its base rate by December as also other lending rates due to an increase in its cost of deposits. http://www.informationbible.com/article-credit-card-companies-offers-good-plans-in-festive-season-21387.html Fri, 15 Oct 2010 13:00:00 GMT What most spenders like about the festive season is the huge discounts, attractive schemes and offers most consumers durable companies come out on their products and services. http://www.informationbible.com/article-gurumani-not-right-for-changed-micro-fin-business-21098.html Wed, 13 Oct 2010 13:00:00 GMT SKS Microfinance chairman Vikram Akula admitted on Tuesday that the services of the company’s former MD and CEO, Suresh Gurumani, had been terminated on account of inter-personal differences with the senior management but denied any power tussle. http://www.informationbible.com/article-banks-discover-it-pay-to-stay-bplr-loans-21000.html Tue, 12 Oct 2010 13:00:00 GMT Almost, Three months after the base rate regime to price loans began, only a handful of customers have shifted to it from the erstwhile benchmark prime lending rate (BPLR) system. http://www.informationbible.com/article-lic-hfl-financial-and-united-india-insurance-ties-up-20975.html Tue, 12 Oct 2010 13:00:00 GMT United India Insurance Company Ltd and LIC HFL Financial Services Ltd, a fully owned company of LIC Housing Finance Ltd, on Monday announced a strategic tie-up to distribute non-life insurance products at an event in Mumbai on Monday. http://www.informationbible.com/article-hdfc-bank-to-advertise-home-loans-through-internet-20815.html Mon, 11 Oct 2010 13:00:00 GMT Home-loan products have long been sold through the abused tactic of unsolicited calls, but in a sign of change, private lender HDFC Bank will soon be acquiring customers through an interactive web chat where the customer wilfully logs on for details. http://www.informationbible.com/article-vehicle-sales-move-toward-speed-hump-20784.html Mon, 11 Oct 2010 13:00:00 GMT The automobile industry will grow 18-20 % by the end of this fiscal with car sales alone projected to rush 23 % but that’s only after it negotiate a minor bulge that is expected in the third quarter (October to December). http://www.informationbible.com/article-home-loans-get-tougher-fixed-deposits-get-more-20532.html Fri, 08 Oct 2010 13:00:00 GMT Your home loan rates may have just witnessed another hike and the banks might have increased the tenure of your loan, which is their first way to transfer the rate hike to customers. http://www.informationbible.com/article-shriram-group-eager-to-come-in-banking-field-20531.html Fri, 08 Oct 2010 13:00:00 GMT The Chennai-based Shriram Group, which is keen to enter the banking space once the RBI issues the final guidelines on the entry of new players, believes it can leverage its 50-lakh customer base across companies for a successful business. http://www.informationbible.com/article-govt-plans-low-rates-home-loans-for-paramilitary-personnel-20358.html Thu, 07 Oct 2010 13:00:00 GMT In an attempt to make home ownership easier for paramilitary personnel, the Central government is planning to launch a scheme under which home loans are made available to them at concessional rates. http://www.informationbible.com/article-indian-travel-website-say-special-offer-for-hdfc-bank-credit-card-customers-20269.html Wed, 06 Oct 2010 13:00:00 GMT Indian travel website in association with HDFC bank brings a special offer for travelers in India. The website have offered up to 10% discount on all travel booking including the discount coupons / promo code which are valid for Domestic http://www.informationbible.com/article-lic-housing-finance-hike-rates-20138.html Wed, 06 Oct 2010 13:00:00 GMT LIC Housing Finance and Magma Fincorp have raised lending rates by 50 bps as money turns more expensive. http://www.informationbible.com/article-icici-bank-closed-special-home-loan-scheme-20043.html Tue, 05 Oct 2010 13:00:00 GMT ICICI Bank hiked home loan rates by 50 basis points effective October 1, 2010. The bank has also discontinued its special home loan (fixed and floating) scheme. http://www.informationbible.com/article-banks-cuts-car-loan-rates-fees-in-festival-offers-19867.html Mon, 04 Oct 2010 13:00:00 GMT Banks are showering discounts on customers opting for car loan. Discounts range from lower interest rate to lower processing fee and documentation charges. http://www.informationbible.com/article-centre-seems-more-details-on-sbi-rights-issue-19650.html Fri, 01 Oct 2010 13:00:00 GMT State Bank of India on Wednesday said the Finance Ministry had asked for more details on its proposed Rs.20,000-crore rights issue. http://www.informationbible.com/article-personal-home-car-loan-to-be-dearer-from-januar-19548.html Thu, 30 Sep 2010 13:00:00 GMT Majority Banks are likely to raise the interest rates for home, auto and corporate loans by 2011 - all because of high cost of deposits. http://www.informationbible.com/article-m-and-m-inks-pact-with-allahabad-bank-for-car-loans-19387.html Wed, 29 Sep 2010 13:00:00 GMT Mahindra and Mahindra Ltd. (MandM), a part of the US$7.1bn Mahindra Group, announced a Preferred Financier agreement with Allahabad Bank, one of India’s premier public sector banks with 145 years of banking history. http://www.informationbible.com/article-personal-loans--plz-do-spell-check-19386.html Wed, 29 Sep 2010 13:00:00 GMT Personal loans market in India slowed considerably in the year 2008-2009 after Banks became cautious and the portfolio started to show a lot of defaults. http://www.informationbible.com/article-mumbai-banks-plan-to-stay-loan-rates-unaffected-19156.html Tue, 28 Sep 2010 13:00:00 GMT Many banks in Mumbai are reconsidering their plans to hike home loan rates next month because of the upcoming holiday season, which will increase the demand for those loans. http://www.informationbible.com/article-borrowing-is-not-a-bad-idea-for-abroad-holidays-19162.html Tue, 28 Sep 2010 13:00:00 GMT Going on a holiday to Europe or swiping your credit card to buying an LCD is not a bad idea, provided you have saved for it. Taking a holiday loan or revolving payments on your credit card is an expensive proposition, http://www.informationbible.com/article-banks-plan-loan-rate-solidify-to-cash-in-on-festival-demand-18989.html Mon, 27 Sep 2010 13:00:00 GMT Several banks which were earlier planning to raise home loan rates in October are now considering deferring such plans, keeping in mind the holiday season ahead when demand for such loans is expected to soar. http://www.informationbible.com/article-no-sms-services-to-banks-customers-for-transactions-18751.html Sat, 25 Sep 2010 13:00:00 GMT Bank customers and equity trading account holders have stopped getting transaction alerts on their mobiles as the government has put a ban on bulk SMS service in wake of the pending judgement in the Ayodhya title suit. http://www.informationbible.com/article-uco-bank-tie-up-with-toyota-for-car-loans-18767.html Sat, 25 Sep 2010 13:00:00 GMT Toyota Kirloskar Motor Pvt. Ltd (TKM) has signed a Memorandum of Understanding (MoU) with UCO Bank to extend auto retail finance to their prospective customers. http://www.informationbible.com/article-lenders-promise-support-to-teaser-interest-rates-18555.html Fri, 24 Sep 2010 13:00:00 GMT The Reserve Bank of India may not be comfortable with it, but the country’s largest home loan providers believe that teaser rates are here to stay. http://www.informationbible.com/article-is-it-better-to-pay-off-loans-18463.html Thu, 23 Sep 2010 13:00:00 GMT Few factors to consider when making the decision to either pay off our loans or to invest our money: http://www.informationbible.com/article-sbi-announces-huge-loan-revival-drive-across-nagaland-18532.html Thu, 23 Sep 2010 13:00:00 GMT The regional State Bank of India (SBI) for Dimapur today announced a massive drive to recover all loans from defaulting borrowers in the district. Thanks to borrowers – even financially sound people – who take loans from banks and disa http://www.informationbible.com/article-hsbc-in-new-personal-loan-campaign-18290.html Wed, 22 Sep 2010 13:00:00 GMT HSBC in the UAE is pushing a new personal loan campaign for its customers. http://www.informationbible.com/article-fixed-rate-home-loans-are-the-past-18152.html Tue, 21 Sep 2010 13:00:00 GMT The fight may be strong among the top housing finance lenders to woo customers with special offers and teaser rates even as festive season is round the corner. http://www.informationbible.com/article-hdfc-bank-special-personal-loan-rates-17419.html Thu, 16 Sep 2010 13:00:00 GMT HDFC Bank Special Personal Loan Rates: In view of the ensuing festive season, HDFC Bank plans to offer special rates for personal loans to Government and Defense employees and teachers. http://www.informationbible.com/article-sbi-discussion-with-rbi-for-holding-company-bhatt-17413.html Thu, 16 Sep 2010 13:00:00 GMT State Bank of India is in talks with the banking regulator, Reserve Bank of India, to form a holding company that will control the equity of the bank, its associates and also subsidiaries, a move which could lead to a more efficient use of capital. http://www.informationbible.com/article-plan-finances-assemble-home-loan-repayment-easier-17008.html Tue, 14 Sep 2010 13:00:00 GMT Are you searching for a lender who is willing to lend you at affordable rates? Not all borrowers are well-equipped to manage their home loan debts. http://www.informationbible.com/article-farm-credit-surges-so-does-moneylenders-domination-16731.html Sat, 11 Sep 2010 13:00:00 GMT The number of farmers borrowing from moneylenders has risen to levels not seen since independence, despite doubling of agricultural credit in recent years and several efforts from the government towards financial inclusion. http://www.informationbible.com/article-banks-asset-brilliance-hit-by-stress-in-personal-loans-sbi-16645.html Fri, 10 Sep 2010 13:00:00 GMT There has been a steady deterioration in asset quality of banks in the last two years on account of heavy stress in credit card and personal loan product segments, a top banking industry official said Tuesday. http://www.informationbible.com/article-consider-taking-a-home-loan-now-16630.html Fri, 10 Sep 2010 13:00:00 GMT If you have been hesitant about a home loan, now is the time to consider one. Those attractive interest rates on home loans that teaser or dual rate schemes offer are here to stay for some more time. This means lower equated monthly instalments http://www.informationbible.com/article-personal-loans-and-credit-cards-dodgy-areas-for-banks-16254.html Wed, 08 Sep 2010 13:00:00 GMT State Bank of India (SBI) said the banking sector is facing pressure on assets due to a sharp increase in defaults on credit card and personal loan payments. http://www.informationbible.com/article-car-loans-get-costlier-hit-double-mark-16127.html Tue, 07 Sep 2010 13:00:00 GMT Car loan lenders have raised the interest rates in the past couple of days by anything between 50 basis points and 100 basis points (100 bps = 1%). Notably, the rates have touched the double-digit mark after a long gap. http://www.informationbible.com/article-banks-can-base-education-loans-on-placement-track-15983.html Mon, 06 Sep 2010 13:00:00 GMT Your education loan application has a better chance of getting a favorable response from banks if the institute you propose to study in has a good placement record. http://www.informationbible.com/article-gears-to-judge-before-getting-a-car-loan-15986.html Mon, 06 Sep 2010 13:00:00 GMT Buying car is certainly a great feeling for many who own it for the first time. But it can be a daunting task for a layman in the industry, especially when you opt for a car loan in India. http://www.informationbible.com/article-all-about-the-credit-card-15762.html Sat, 04 Sep 2010 13:00:00 GMT Reverse your life by 20 -25 years. Visualize on a nice afternoon, you are sitting in a restaurant with your girlfriend. After a sumptuous meal, the waiter comes to you with the bill. http://www.informationbible.com/article-sbi-opens-premium-banking-centre-15618.html Fri, 03 Sep 2010 13:00:00 GMT The branch has state-of-the-art technology and advanced facilities to cater to the needs of the High Networth Indian (HNI) citizens of Hyderabad. Deputy managing director (National Banking Group)Diwakar Gupta inaugurated the branch. http://www.informationbible.com/article-allahabad-bank-offers-festive-season-rebate-up-to-1-pc-on-loans-15491.html Thu, 02 Sep 2010 13:00:00 GMT Allahabad Bank said borrowers will get an interest concession of up to 1 per cent on loans during the festival season, which it hopes will attract new customers. http://www.informationbible.com/article-banking-on-credit-bureaus-15339.html Wed, 01 Sep 2010 13:00:00 GMT Applied for a loan that got rejected because of a poor “credit score”, as your bank put it? Before you take out your anger on the agency that gave you this poor score, it would pay for you to http://www.informationbible.com/article-hdfc-ups-home-loan-rates-by-50-bps-15341.html Wed, 01 Sep 2010 13:00:00 GMT HDFC (Housing Development Finance Corporation), India’s largest mortgage financier, today increased its retail prime lending rate (PLR) by 50 basis points (bps) to 14.25 %. This is the first time HDFC is increasing its PLR in two years. http://www.informationbible.com/article-personal-loan-may-not-always-be-a-superior-offer-15161.html Tue, 31 Aug 2010 13:00:00 GMT Personal loan may save you in an hour of need, but are you aware there exist not only better options but also more secured ones to get money quickly. http://www.informationbible.com/article-indian-banks-deposit-growth-covering-may-impact-liquidity-hdfc-15162.html Tue, 31 Aug 2010 13:00:00 GMT sheath growth in Indian banks' deposits despite recent hike in interest rates could further impact liquidity, a top banker said here on Friday. http://www.informationbible.com/article-housing-loans-to-be-costlier-soon-15027.html Mon, 30 Aug 2010 13:00:00 GMT There is some shocking news for home loan seekers, as HDFC Bank is expecting the lending rates to go up by 50 to 75 basis points (bps) in a couple of tranches by the end of current financial year. Bank is also expanding its branch presence in http://www.informationbible.com/article-kotak-mahindra-bank-opens-branch-in-kozhikode-14858.html Sat, 28 Aug 2010 13:00:00 GMT Kotak Mahindra Bank , one of India’s leading private banks, strengthened its presence in the state of Kerala with the inauguration of its first branch in Kozhikode. http://www.informationbible.com/article-standard-chartered-bank-launches-preferred-world-credit-card-14690.html Fri, 27 Aug 2010 13:00:00 GMT Standard Chartered Bank is the first bank in India to introduce a differentiated offering called Preferred Banking. The Preferred World Credit Card is an important component of this proposition and aims to make the relationship with http://www.informationbible.com/article-rise-in-base-rate-wont-affect-your-repayments-14528.html Thu, 26 Aug 2010 13:00:00 GMT The Reserve Bank of India has said a bank will have to honour a fixed rate contract, even if interest rates move up in future. The clarification has removed doubts that some banks had over introduction of fixed rate home loans. http://www.informationbible.com/article-guarantee-a-loan-but-at-your-own-risk-14411.html Wed, 25 Aug 2010 13:00:00 GMT Don’t agree to guarantee another person’s debt or put up security for someone else,” says the Bible. Today, in a different age and era, when most can’t do without taking debt in some form or another, the age-old advice still holds true. http://www.informationbible.com/article-ramble-in-automobile-loan-interest-13854.html Sat, 21 Aug 2010 13:00:00 GMT Banks in India, which provide cars and bikes loans are likely to increase the loan interests by 1 to 1.5% from mid-September 2010 onwards. http://www.informationbible.com/article-hold-on-deposit-rates-could-increase-more-13745.html Fri, 20 Aug 2010 13:00:00 GMT Investors in fixed deposits (FDs) are in for good times. With State Bank of India (SBI), the country’s largest bank, raising rates significantly today, market experts say this is just the beginning and one need not rush to invest in http://www.informationbible.com/article-characteristics-of-personal-loan-agreement-13503.html Thu, 19 Aug 2010 13:00:00 GMT Loads of times persons take personal loans from banks or other financial institutions. Such loans can be taken for various purposes such as marriage, travel or due to any other urgent need of money. http://www.informationbible.com/article-icici-bank-sbi-raise-lending-rates-by-50-bps-13160.html Tue, 17 Aug 2010 13:00:00 GMT Home loan rates are set to rise for existing borrowers of State Bank of India (SBI) and ICICI Bank, with both lenders increasing their prime lending rates (PLRs) by 50 basis points. http://www.informationbible.com/article-sbi-raises-benchmark-lending-rates-by-50-bp-13008.html Mon, 16 Aug 2010 13:00:00 GMT The country’s largest lender, State Bank of India, raised benchmark lending rate by 50 basis points to 12.25 per cent, making home, vehicle and other corporate loans linked with the rate costlier to existing borrowers. http://www.informationbible.com/article-sbi-bad-loans-cast-a-outline-on-profit-growth-12868.html Sat, 14 Aug 2010 13:00:00 GMT The country’s largest bank, the State Bank of India, reported a robust performance in the quarter to June, beating average earnings estimations of `2,440 crore of various broking houses and the ET Intelligence Group. http://www.informationbible.com/article-hdfc-bank-might-up-auto-loans-interest-rates-by-point-50-pc-12869.html Sat, 14 Aug 2010 13:00:00 GMT HDFC Bank, is likely to raise its car loan interest rates by 0.50 per cent in the next 7-10 days. http://www.informationbible.com/article-home-loans-time-to-tap-base-after-plr-hikes-12750.html Fri, 13 Aug 2010 13:00:00 GMT Following the Reserve Bank of India’s decision to hike its key policy rates in its monetary policy review last month, some banks have raised their prime lending rates (PLR) even as they left their recently-declared base rates unchanged. http://www.informationbible.com/article-canara-bank-bplr-rate-up-by-point-50-pc-12601.html Thu, 12 Aug 2010 13:00:00 GMT As part of monetary measure, Canara Bank has revised upwards its benchmark prime lending rate (BPLR) by 50 basis points to 12.50 per cent, from 12.00 per cent with effect from August 12. http://www.informationbible.com/article-credit-card-transactions-up-16-pc-in-q1-12555.html Thu, 12 Aug 2010 13:00:00 GMT The country witnessed an almost 16 per cent jump in transactions carried out by means of credit cards during the first three months of the current fiscal at Rs 16,947.86 crore. http://www.informationbible.com/article-indian-rival-in-works-to-get-swipe-at-visa-mastercard-11833.html Sat, 07 Aug 2010 13:00:00 GMT Visa and MasterCard, the American giants that play a role nine out of ten times when anyone uses a credit card in the world, will face an unusual rival in India. http://www.informationbible.com/article-icici-hdfc-bank-breaks-recovery-norms-11847.html Sat, 07 Aug 2010 13:00:00 GMT The government today said at least two private banks — ICICI Bank and HDFC Bank — had repeatedly violated the guidelines of the Reserve Bank of India (RBI) on engagement of recovery agents. http://www.informationbible.com/article-healthy-lenders-can-sell-credit-default-swap-11754.html Fri, 06 Aug 2010 13:00:00 GMT Indian banks will soon be able to invest in local corporate bonds without worrying unduly about a default or of exceeding borrowing limits with the Reserve Bank of India (RBI) unveiling draft rules for credit default swaps (CDS) http://www.informationbible.com/article-easy-method-to-apply-online-personal-loans-11430.html Wed, 04 Aug 2010 13:00:00 GMT Many customers have no access to fax machines and fax machine know that dependence is the worst in Applying online personal loans. Some banks offer the possibility of a personal loan "so that the containment of the fax functions. http://www.informationbible.com/article-hsbc-profit-up-121-percent-11290.html Tue, 03 Aug 2010 13:00:00 GMT HSBC Holdings brought cheer to global markets reporting its second best-ever half yearly results, with profits before tax jumping 121% to $11.1 billion compared to the first half of 2009. http://www.informationbible.com/article-hdfc-imagine-loan-growth-of-25-pc-this-fiscal-11148.html Mon, 02 Aug 2010 13:00:00 GMT HDFC said it expects a credit growth of 25 per cent in the current fiscal. "We would end the year by at least growth of 22-25 per cent," HDFC managing director Renu Sud Karnad told PTI. http://www.informationbible.com/article-planning-a-home-loan-know-the-terms-10976.html Sat, 31 Jul 2010 13:00:00 GMT If you are thinking of taking a home loan, be aware of certain important terms before taking the plunge. http://www.informationbible.com/article-sbi-official-clue-at-deposit-rate-hike-next-month-10853.html Fri, 30 Jul 2010 13:00:00 GMT State Bank of India (SBI) will raise its deposit rates next month, a senior official at the bank said on Thursday. http://www.informationbible.com/article-india-develops-world-cheapest-laptop-at-rs-1700-10705.html Thu, 29 Jul 2010 13:00:00 GMT Human Resource Development Minister, INDIA, Kapil Sibal this week unveiled the low-cost computing device that is designed for students, saying his department had started talks with global manufacturers to start mass production. http://www.informationbible.com/article-bringing-banking-facilities-to-the-door-steps-of-rural-people-10488.html Wed, 28 Jul 2010 13:00:00 GMT The State Bank of India (SBI), Wokha Branch organized a one day “Financial Inclusion Programme” at Phiro Village under Wokha District with an aim in creating awareness http://www.informationbible.com/article-loan-increase-picks-up-for-private-banks-10225.html Mon, 26 Jul 2010 13:00:00 GMT Private and foreign banks, which experienced slack loan growth in the previous financial year, are now seeing a revival of credit flow in the last one year. http://www.informationbible.com/article-home-loan-era-to-move-to-base-rate-10132.html Mon, 26 Jul 2010 13:00:00 GMT The interest rates in the country have started firming up with an uptrend in the growth rate of the economy. http://www.informationbible.com/article-merging-home-loan-arm-with-itself-idbi-bank-9965.html Sat, 24 Jul 2010 13:00:00 GMT IDBI Bank is merging its home mortgage arm with itself after scrapping a previous plan to sell the unit. http://www.informationbible.com/article-hdfc-education-section-credila-expect-to-grow-9875.html Fri, 23 Jul 2010 13:00:00 GMT Credila, in which HDFC raised its stake to 51 per cent by acquiring an additional 10 per cent early this month, plans to leverage the distribution network and customer base of http://www.informationbible.com/article-large-financial-houses-got-new-regulatory-plan-9387.html Wed, 21 Jul 2010 13:00:00 GMT The government has proposed a new regulatory architecture for large financial institutions, by establishing “a college of supervisors” comprising representatives from various regulatory agencies. http://www.informationbible.com/article-how-do-credit-cards-get-cloned-9225.html Tue, 20 Jul 2010 13:00:00 GMT How safe is your credit card? Plastic cash that lets you buy almost everything by just swiping the card can also turn out to be your worst nightmare. http://www.informationbible.com/article-lic-housing-finance-net-profit-rises-q1-8742.html Fri, 16 Jul 2010 13:00:00 GMT Housing finance company LIC Housing Finance Ltd. reported a higher net profit for the first-quarter, backed by all-round performance with a strong asset and income growth. http://www.informationbible.com/article-hdfc-23-percent-rise-in-q1-2010-8611.html Thu, 15 Jul 2010 13:00:00 GMT A high growth in loan book and improving asset quality were the key features of HDFC’s financials in the June ’10 quarter. This news comes good for investors, as the http://www.informationbible.com/article-sbi-liquidity-will-be-comfortable-by-july-end-8497.html Wed, 14 Jul 2010 13:00:00 GMT The Chairman of the State Bank of India, OP Bhatt, the country's largest bank financial institution, has said that the cash crunch in the banking system should begin to ease by the end of July. http://www.informationbible.com/article-dual-rate-product--3-launched-by-hdfc-ltd-8371.html Tue, 13 Jul 2010 13:00:00 GMT India’s leader housing finance company, HDFC Ltd. has launched "Dual Rate Product - 3 ", a special home loan product at a fixed rate of 8.25% *. up to 31.3.2011, 9.25 % for the period between 1.4.2011 and http://www.informationbible.com/article-canara-bank-look-at-stake-sale-in-home-finance-division-7929.html Fri, 09 Jul 2010 13:00:00 GMT Canara Bank's listed housing finance subsidiary Canfin Homes Ltd is likely to consider a stake sale with potential suitors such as Edelweiss showing interest in the asset, sources tracking the development said. http://www.informationbible.com/article-rbi-push-banks-on-credit-card-transparency-issue-8013.html Fri, 09 Jul 2010 13:00:00 GMT The Reserve Bank of India (RBI) has come down on banks and financial body for the lack of transparency in credit card process, especially in charging interest rates and levying other fees on customers. http://www.informationbible.com/article-best-way-to-apply-for-credit-cards-is-online-7744.html Thu, 08 Jul 2010 13:00:00 GMT Apply credit cards in India with numerous banks that defer credit cards comforts in India. Now, there have been many online sites of credit cards requesting to business that need credit cards for shopping, online booking, and many others. http://www.informationbible.com/article-base-rates-not-affecting-existing-home-loans-borrower-icici-bank-7571.html Wed, 07 Jul 2010 13:00:00 GMT ICICI Bank today said the new base rate regime, which has come into effect from July 1, will not impact the interest liability of existing home loan borrowers unless they voluntarily shift to the new system. http://www.informationbible.com/article-hdfc-offers-home-loans-at-7236.html Sat, 03 Jul 2010 13:00:00 GMT Loans leader HDFC announced a new concessional rate home loan scheme, where it will charge a low 8.25 % interest from borrowers in the first year. http://www.informationbible.com/article-visa-boost-in-credit-cards-spending-signals-return-of-assurance-7169.html Fri, 02 Jul 2010 13:00:00 GMT In her new role as group executive, international, Elizabeth Buse oversees VISA’s operations in Central Europe, the Middle East and Asia, a geography that already contributes to the majority of revenues of http://www.informationbible.com/article-home-car-loan-schemes-extends-by-sbi-till-sep-30-6972.html Thu, 01 Jul 2010 13:00:00 GMT State Bank of India has decided to expand its flagship home loan schemes: SBI Advantage Home Loans and SBI Easy Home Loans, and car loan schemes: SBI Advantage Car Loan and SBI Ezee Car Loan, and leave their terms http://www.informationbible.com/article-get-a-best-deal-on-home-loan-6607.html Mon, 28 Jun 2010 13:00:00 GMT A house is bought using a home loan, with a certain portion being financed out of own resources of the borrower. There are a number of banks and housing finance companies in the market offering various products. http://www.informationbible.com/article-know-print-in-loan-deed-to-avoid-shocks-6500.html Sat, 26 Jun 2010 13:00:00 GMT No home-buyer would finalise a house without going through the property with a fine tooth comb. But the same cannot be said about them when they sign home loan agreements with banks or housing finance companies. http://www.informationbible.com/article-sbi-seems-big-rush-in-home-loans-6423.html Fri, 25 Jun 2010 13:00:00 GMT SBI, India’s largest lender in loans, is collar and collar with mortgage leader and pioneer HDFC in terms of home loans outstanding, according to data from Icra, the rating agency. Now it wants to pull ahead. http://www.informationbible.com/article-cards-are-helpful-but-ensure-you-are-covered-5991.html Tue, 22 Jun 2010 13:00:00 GMT Appreciation to the growing popularity of plastic money, maintaining more than a couple of cards have become more the rule than the exception. http://www.informationbible.com/article-existing-customers-targets-for-second-home-loans-sbi-5823.html Mon, 21 Jun 2010 13:00:00 GMT Even as it chases new customers, State Bank of India has set its sights on offering existing customers second home loans to grow its retail portfolio. http://www.informationbible.com/article-usage-of-debit-cards-ups-as-compared-to-credit-cards-5667.html Fri, 18 Jun 2010 13:00:00 GMT Indians are using more of debit cards than credit cards for their banking transactions, says the Reserve Bank of India (RBI) data for the year ended 2009-10. http://www.informationbible.com/article-retail-loans-to-grow-by-upto-50percent-andhra-bank-5561.html Thu, 17 Jun 2010 13:00:00 GMT Andhra Bank, Public sector lender, today said its retail loan-book would grow by around 45-50 % this fiscal on the back of a healthy demand from the home and gold segments. http://www.informationbible.com/article-easy-finance-for-luxury-cars-and-bikes-5460.html Wed, 16 Jun 2010 13:00:00 GMT Luxury comes to you at a cost! But the adage has been waning into obscurity as car companies and financing firms look to hook on a new customer with enticing deals. http://www.informationbible.com/article-home-loan-interest-rates-gets-benefit-5520.html Wed, 16 Jun 2010 13:00:00 GMT Home loan takers can rejoice. The revised discussion paper on the Direct Tax Code (DTC) has proposed to continue with the existing system of deducting interest payment (up to Rs 1.5 lakh) against home loan from total income http://www.informationbible.com/article-lic-plans-enter-in-reverse-mortgage-5374.html Tue, 15 Jun 2010 13:00:00 GMT The country’s largest insurer, Life Insurance Corporation (LIC), plans to enter the reverse mortgage space. LIC is in initial discussion with the housing finance regulator, National Housing Bank (NHB), http://www.informationbible.com/article-credit-card-base-boost-after-18-months-5216.html Mon, 14 Jun 2010 13:00:00 GMT The aggressive clean-up operation on banks’ credit card portfolios may finally be paying dividends, with issuers returning to the growth path. http://www.informationbible.com/article-how-to-find-the-lowest-personal-loan-rates-4823.html Tue, 08 Jun 2010 13:00:00 GMT Two people creation the same income, walk into the same bank, wanting the same amount for personal loans. While they both get the loans they were seeking, one gets a much better interest rate and thus gets a much superior deal. http://www.informationbible.com/article-getting-an-owned-house-is-not-difficult-further-4753.html Mon, 07 Jun 2010 13:00:00 GMT Most of us cannot afford to build our own homes. This may be due to scarce financial resources or unavailability of land or the absence of a desire to live in an owned home. http://www.informationbible.com/article-base-rate-regime-to-defend-interest-of-existing-borrowers-4427.html Wed, 02 Jun 2010 13:00:00 GMT Existing home loan customers may be in position to bargain for a lower interest rate, as many banks are expected to pare their rates after the new base rate regime kicks in from July 1. http://www.informationbible.com/article-credit-cards-hit-retail-loan-business-4350.html Tue, 01 Jun 2010 13:00:00 GMT In the dispensation of retail loans, banks increasingly find their hands tied by the credit card history of applicants. The repayment history of all credit card holders is recorded by CIBIL. http://www.informationbible.com/article-purchasing-a-vehicle-build-the-most-of-car-loans-4242.html Sun, 30 May 2010 13:00:00 GMT There is good news for car manufacturer in India, car sales are on a rise! Sales figures show an impressive growth from the beginning of this year with 32 percent rise in January, http://www.informationbible.com/article-private-cabs-to-accept-cards-payments-soon-4201.html Sat, 29 May 2010 13:00:00 GMT You need not bother about carrying cash the next time you take a private cab in the city. Around 3,000 cabs will offer payment by credit card by June-end. http://www.informationbible.com/article-know-about-charges-involved-personal-loans-4038.html Thu, 27 May 2010 13:00:00 GMT Personal loan is always said as an easy way to fulfill your short term money requirement. But from last one year Banks were not focusing on Personal Loan in http://www.informationbible.com/article-drive-home-the-best-car-loan-deal-this-season-3906.html Wed, 26 May 2010 13:00:00 GMT There is superior news for car manufacturers in India - car sales are on a rise! Sales figures show an impressive growth from the beginning of this year with 32 % rise in January, 33 % and 20 % increase in February and March respectively. http://www.informationbible.com/article-hdfc-off-commercial-migration-of-emv-credit-cards-3753.html Tue, 25 May 2010 13:00:00 GMT HDFC Bank has begun to supply credit card compliant with the global EMV standard to its premium-segment customers nationwide. http://www.informationbible.com/article-gold-loan-a-more-precious-debt-option-3774.html Tue, 25 May 2010 13:00:00 GMT If you have gold jewellery to offer as collateral for personal loan, procedural hassles are minimal and banks don't check your credit score. http://www.informationbible.com/article-sbi-to-provide-free-fund-transfer-to-plane-crash-victims-families-3650.html Mon, 24 May 2010 13:00:00 GMT The SBI (State Bank of India) has come forward to provide assistance in transferring funds free of cost to families of the victims of the Air India Express crash in Mangalore on Saturday http://www.informationbible.com/article-loan-against-securities-features-3555.html Sat, 22 May 2010 13:00:00 GMT Banks provide loan against Securities which is advantageous as this helps you to keep your carefully made portfolio intact and get cash against it anytime you want. http://www.informationbible.com/article-axis-bank-to-increase-retail-loans-portfolio-3426.html Thu, 20 May 2010 13:00:00 GMT Axis Bank is planning to incline its retail loans and contribute about 25 Percent of the total loan portfolio within next two years. To realise this ambition, http://www.informationbible.com/article-shriram-group-arm-to-enter-into-gold-loan-business-3273.html Wed, 19 May 2010 13:00:00 GMT The Chennai based Shriram financial institution plans to enter into the gold loan segment. The company would be using its strong customer base and branch network as core competencies. http://www.informationbible.com/article-jet-airways-associates-with-sbi-credit-cards-to-offer-simple-payment-option-3025.html Mon, 17 May 2010 13:00:00 GMT Jet Airways, India’s premier international airline, today announced a tie-up with SBI Card the joint offering from State Bank of India and GE Capital, to offer its guests a unique travel option. http://www.informationbible.com/article-barclays-make-cuts-450-employees-including-heads-of-personal-loan-collection-3099.html Mon, 17 May 2010 13:00:00 GMT Barclays Bank has trimmed jobs of about 450 employees in India. This comprises about a tenth of its workforce in India and include heads of Barclays personal loan collection. http://www.informationbible.com/article-genes-causes-credit-card-debt-2449.html Mon, 10 May 2010 13:00:00 GMT Gene MAOA is associated with neurotransmitters which affect mood, and can be either "efficient" or "inefficient" at controlling mood chemicals. http://www.informationbible.com/article-lic-housing-finance-to-raise-rs-20000-cr-in-fy11-2413.html Sat, 08 May 2010 13:00:00 GMT LIC Housing Finance, the housing finance arm of the insurance giant LIC, today said it will raise Rs 20,000 crore during the current fiscal to fund its business growth. http://www.informationbible.com/article-visa-international-huge-growth-in-plastic-money-transactions-2340.html Fri, 07 May 2010 13:00:00 GMT Visa International said that it expects an enormous growth in plastic money transactions in India in the next five-years. http://www.informationbible.com/article-get-the-best-deal-on-new-cars-with-online-comparison-2357.html Fri, 07 May 2010 13:00:00 GMT Buying a new car in India can be quite a hassle. We have a car and a budget in mind but do not know if the final deal is going to really be worth the dream. Here are a few tips that would help a new car buyer. http://www.informationbible.com/article-govt-plans-to-cut-interest-rates-on-education-loans-2208.html Thu, 06 May 2010 13:00:00 GMT The government is working on a refinance scheme to offer education loans at interest rates as low as 4 percent, and plans to extend the repayment period for those who aspire to become doctors, engineers, fashion designers and IT professionals. http://www.informationbible.com/article-credit-cards-par-panel-for-capping-of-interest-rates-2122.html Wed, 05 May 2010 13:00:00 GMT Concerned over the exploitation of credit card holders, a Parliamentary Committee has suggested that RBI should prescribe maximum interest rate that can be charged by banks from customers. http://www.informationbible.com/article-personal-loan-and-loans-of-personal-use-1720.html Wed, 28 Apr 2010 13:00:00 GMT Personal loans are loans supposing by financial institutions without objects or security. Personal loans are unsecured loans for personal needs and can be used for any purpose. http://www.informationbible.com/article-icici-bank-cuts-home-car-loan-rates-1410.html Thu, 22 Apr 2010 13:00:00 GMT The battle for home and car loans is getting hotter. ICICI Bank has taken on HDFC and State Bank of India (SBI), cutting rates by 50 to 75 basis points. http://www.informationbible.com/article-air-force-special-services-launched-by-sbi-1251.html Tue, 20 Apr 2010 13:00:00 GMT India's largest lender, State Bank of India , has launched a special concessional banking scheme for Air Force personnel. http://www.informationbible.com/article-without-car-loans-there-would-be-no-new-or-used-car-marketplace-1276.html Tue, 20 Apr 2010 13:00:00 GMT Car loans are what make the automobile business work. Without car loans the whole enterprise would grind to a halt. Not only do lenders make loans for cars but many of the auto manufacturers have large financing operations to help facilitate http://www.informationbible.com/article-robust-loan-book-growth-may-boost-hdfc-bank-1154.html Mon, 19 Apr 2010 13:00:00 GMT HDFC Bank's country head for retail assets and credit cards Pralay Mondal was quoted as saying that the bank's retail loan http://www.informationbible.com/article-interest-rates-will-not-rise-sharply-sbi-1159.html Mon, 19 Apr 2010 13:00:00 GMT As the investor sentiment is improving by the day and the economy is again moving back to the path of growth, there were discussions of the lending being more expensive for the Indian consumer. http://www.informationbible.com/article-ray-of-hope-for-home-loan-borrowers-245.html Sat, 27 Mar 2010 13:00:00 GMT State Bank of India (SBI) has hinted to continue with its 8% home loan scheme although with few modifications. They have yet to formally take a decision on the extension of the offer (whose tenure is to expire on March 31st). http://www.informationbible.com/article-plan-your-emis-for-home-loan-162.html Fri, 26 Mar 2010 13:00:00 GMT Buying a Housing Property is a very big financial commitment on the personal front. Attractive and aggressive home loan schemes coupled with tax incentives has made it easier for younger people to invest in housing properties.